If you want the truth here it's coming. We observed a great pump times and this happened for almost last 2 months. But it ended for a while. There must a serious correction and it came up now. Moreover, bitcoin fork rumors made the things even worse.
The market will take a rest. If you're a long term investor, I think there is nothing to fear. It should be allright again. If not in 2017, it will be okay in 2018. But it will, for sure.
Agreed, you are correct. If each bitcoin believers have a strong belief in bitcoin no matter how the price value drop, we the holders of bitcoin we shouldn't panic instead we must be at ease most of the time because it will come or return the original or more for sure after a couple of days or weeks for sure. Just be patience and control your emotion as well.
Panic is the main enemy of the crypto currency. If each of us starts to panic, then we will get a very difficult situation in the market and a big price drop. Therefore, you just need to wait and believe that the situation with bitcoin will be solved in the most pleasant way
Well looking at how btc is faring right now, i'd say panicking a week ago would've been a big miatake that amyone can make in crypto. As we can see, btc has recovered pretty well and pretty fast. The setback for a few daysnonly served as traders' opportunity to earn more.by buying at a way lower price. This has happened before so for those new to btc, this should serve as a good lesson for the future
Correct, the price is pretty stable for the past few days. I did panic sell the previous week, selling some mBTC, when the BTC price was at $2400, it raised to $2800 in 2-3 days after that.
Fortunately, I only exchanged a very small amount, so it was minimal losses.
You're still lucky to sell it at $ 2400, I sell all my bitcoin for $ 2200, and badly I sell all my bitcoin at the time, and now I do not have bitcoin, it's really political, I'm sorry to panic about the issue